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42-56 Hassop Rd 17,367 SF 100% Leased Industrial Building London NW2 6RX $3,336,534 CAD ($192.12 CAD/SF) 3.61% Cap Rate
Investment Highlights
- Located in North-West London, Zone 3, within the London Borough of Brent
- Redevelopment opportunity
- Flexible use opportunity
Executive Summary
A brick-built three storey light industrial building (Class E) arranged over basement (5,015 sq ft), ground (6,220 sq ft) and first floors (6,132 sq ft).The basement and ground floors are let until November 2030 at a current rent of £46,897 pa (£4.17 psf blended) rising to £83,465 pa (£7.43 psf blended) from November 2028 to November 2030. The first floor is let on a tenancy at will to a photographic studio at a highly reversionary rent of £18,000 pa (only £2.94 psf).
Property Facts
| Price | $3,336,534 CAD | Building Class | C |
| Price Per SF | $192.12 CAD | Lot Size | 0.27 AC |
| Sale Type | Investment | Rentable Building Area | 17,367 SF |
| Cap Rate | 3.61% | No. Stories | 3 |
| Tenure | Freehold | Year Built | 1980 |
| Property Type | Industrial |
| Price | $3,336,534 CAD |
| Price Per SF | $192.12 CAD |
| Sale Type | Investment |
| Cap Rate | 3.61% |
| Tenure | Freehold |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 0.27 AC |
| Rentable Building Area | 17,367 SF |
| No. Stories | 3 |
| Year Built | 1980 |
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42-56 Hassop Rd
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